Texas Education Code

§ 12.1166 — RELATED PARTY TRANSACTIONS

ED § 12.1166Title 2. PUBLIC EDUCATION · Part C. LOCAL ORGANIZATION AND GOVERNANCE · Ch. 12. CHARTERS · Art. D. OPEN-ENROLLMENT CHARTER SCHOOL

Statute text

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(a)The commissioner shall adopt a rule defining "related party" for purposes of this subchapter. The definition of "related party" must include:

(1)a party with a current or former board member, administrator, or officer who is:

(A)a board member, administrator, or officer of an open-enrollment charter school; or

(B)related within the third degree of consanguinity or affinity, as determined under Chapter 573, Government Code, to a board member, administrator, or officer of an open-enrollment charter school;

(2)a charter holder's related organizations, joint ventures, and jointly governed organizations;

(3)an open-enrollment charter school's board members, administrators, or officers or a person related to a board member, administrator, or officer within the third degree of consanguinity or affinity, as determined under Chapter 573, Government Code; and

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Legislative history

Added by Acts 2019, 86th Leg., R.S., Ch. 631 (S.B. 1454), Sec. 6, eff. June 10, 2019.